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(G19) Back Above $50 *RES 4: $72.29 -....>

WTI TECHS
WTI TECHS: (G19) Back Above $50 
*RES 4: $72.29 - High Oct 17 
*RES 3: $63.27 - 200-dma 
*RES 2: $54.77 - High Dec 4 
*RES 1: $53.40 - 50-dma
*PRICE: $50.53 @ 6:00 GMT Jan 9 
*SUP 1: $48.08 - 21-dma 
*SUP 2: $42.36 - Dec 24 low 
*SUP 3: $42.05 - June 21, 2017 (continuation chart) 
*SUP 4: $39.26 - Aug 3, 2016 (continuation chart) 
WTI futures broke back above $50 yesterday on their way towards the 50=dma which
sits at $53.40. A break opens the Dec 4 high at $54.77 ahead of the 200-dma at
$63.27. Bears target a break of the 21-dma at $48.08, below which brings the Dec
24 low at $42.36 back into focus.

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